FlowLambo ❤️ Memecoin

Crypto since '18,
Nfts since '21,

@BoredApeYC, @Bitcoin_Punks_ @ConsortiumKey

[FlowLambo ❤️ Memecoin @FlowLambo]

Thanks paperhands. Does #apefollowape still work?
@BoredApeYC

[FlowLambo ❤️ Memecoin @FlowLambo]

Scam Bankman-Fraud

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Sam Bankman-Fried officially found guilty on all seven charges.

[Macro Dose @macro_dose]

POWELL SPEECH SUMMARY⚠️

1. The Fed decided to keep rates unchanged and to continue quantitative tightening (QT) at the same pace.

2. The Fed are not confident that policy is restrictive enough and are prepared to raise interest rates further if they aren’t happy with progress. However, they are proceeding carefully by pausing as they believe they have time to do so. The committee is NOT thinking about rate cuts at present. Powell emphasised that their current question is HOW high they are going and then the next question will be how long to stay there.

3. Powell iterated that the current stance of policy is restrictive, which he clarified means policy is putting downward pressure on economic activity and inflation.

4. He acknowledged that the risks of doing too much vs too little have become more two sided.

5. Inflation is well above target, but progress has been made. However, he noted that a few months of good data is not enough to convince them they are confidently getting toward target.

6. The Fed believes below trend growth is likely needed to get to target. He commented on the current strong pace of GDP growth, driven by robust consumer spending. He admitted The Fed may have underestimated the strength of household balance sheets following the pandemic.

7. GDP growth is forecasted to slow

8. Below trend growth (which he estimated to be around 2%) and softening of labor market is needed to get to target. Labor market remains tight but coming into better balance. Wage growth has shown some signs of easing to a pace closer to being consistent with their 2% target. They feel gratified that they have managed to see some good progress on inflation without significant job losses so far.

9. When asked about bond yields and their effect on monetary policy he stated that higher bond yields need to be persistent to have an effect on monetary policy stance. They can’t be as a result of market expectations of Fed interest rate decisions. The current rise in yields, if sustained, is going to have a negative impulse on economic activity. However, Powell was not comfortable estimating the equivalent rate hike effect that recent rises in bond yields will have.

10. Powell stated that Fed staff didn’t put a recession back as their baseline projection.

11. He acknowledged that inflation is painful for people, particularly for those with less disposable income.

12. Commented again about the uncertainty of lags of monetary policy changes. Stated It has been 1 year since last 75bps hike. He feels they are seeing the effects of the hikes seen last year. However, it’s hard to say how much. He noted part of implementing monetary policy is knowing there is significant uncertainty and that it takes time to see the effect.

13. He was asked about whether the projections from the dot plot still stood. He responded saying that when things change so do the Fed’s forecast and opinions and generally the further time goes on from the last dot plot the more things change. He also noted that the dot plot is not a policy promise.

• Essentially saying their previous projections have changed from September and thus their actions do not need to be in keeping with previous projections.

14. Fed are watching banking stress. They have been working with institutions so they have a plan for their unrealized losses. They don’t feel that rate hikes are worsening the picture for banks at present.

15. The Fed haven’t been thinking about extending the Bank Term Funding Program as of yet; they’ll make a decision in Q1 2024.

[ALTS by adidas @altsbyadidas]

Get ready for the ultimate football collectible 🔷

99 carbon fibered beauties engineered for speed and lightness - the @adidas 'X Crazyfast' @Bugatti.

⌛ Auction starts November 8, 4PM CET
⚽ Benefits for ALTS Strikes
💳 Fiat on-ramp enabled by @Moonpay
🔌 Powered by adidas Collect

Learn more about the incoming auction via https://t.co/MBLcj29Rm5. 💙🖤

[unusual_whales @unusual_whales]

Workers with in-person jobs spend about $51 a day that they wouldn't remotely, per USA Today.

[FlowLambo ❤️ Memecoin @FlowLambo]

Wowza! Over US$3,300,000,000 worth of BNB, TUSD, and FDUSD is staked in the @Binance Launchpool to farm $MEME (@Memecoin)! That's 3.7 million Apple iPhones 📱 or 67,400 Tesla Model 3 🚗!

$MEME is being listed on Binance in a few days but you still have 26 days to farm. LFG!

[FlowLambo ❤️ Memecoin @FlowLambo]

Hi, my name is @FlowLambo, and I’m a $MEME (@Memecoin) farmer at @Memeland.

On my honor, I promise that I will do my best to do my duty to my own bag, and to farm #MEMEPOINTS at all times.

It ain’t much, but it’s honest work. 🧑‍🌾

[2000s @PopCulture2000s]

matthew perry has sadly passed away at the age of 54.. rest in peace.

[FlowLambo ❤️ Memecoin @FlowLambo]

@hallmarkchannel #HallmarkHolidayDrop #MysticChristmas #contest

[GordonGoner (Wylie Aronow) 🍌 @GordonGoner]

$1.5m + legal fees and another $100k+ for our anti-SLAPP of all their bullshit. Bad day to be a scammer. Good day to be an ape.

Appreciate the note from the judge on how absurd this has all been:

“In addition, Defendants unnecessarily and inappropriately made disgraceful and slanderous statements about Yuga, its founders, and its counsel during litigation, including calling Yuga’s counsel “criminals” who support “racism, antisemitism, beastiality, pedophilia” and accusing them of “using cartoons to market drugs to young children.” These statements were egregious and far exceed the bounds of acceptable conduct.”

[The Kobeissi Letter @KobeissiLetter]

JUST IN: The S&P 500 has officially erased $4 trillion in market value since its July 27th high.

In 3 months, the S&P 500 has dropped 430 points and stands less than 1% away from correction territory.

The exact top in the S&P 500 came on the same day that Fed removed a recession from their forecast.

As markets fall to their lowest levels since May 2023, we are in a much different environment.

Last time the S&P 500 was at current levels, 3 rate CUTS were priced-in for 2023.

Now, rates are higher and futures are no longer showing rate cuts until July 2024.

Are stocks pricing-in a recession?

[Phil Bak @philbak1]

My brothers in bitcoin:

I spent six years managing new ETF launches for NYSE (2010-2016), and about 15 years in ETF product development and management.

The DTCC thing means absolutely nothing. Nothing. Get offline and spend time with your loved ones.

[FlowLambo ❤️ Memecoin @FlowLambo]

@ketogrillbakery @TheoVon The coroner was the best

[Quit @0xQuit]

🚨 If you are a Maestro user, revoke open approvals ASAP. Approved assets are being actively drained🚨

Any approvals to the address 0x80a64c6D7f12C47B7c66c5B4E20E72bc1FCd5d9e should be revoked immediately.

[Daily Loud @DailyLoud]

Drake hired Aaron Paul and Bryan Cranston from "Breaking Bad” to work as bartenders at his birthday party

[FlowLambo ❤️ Memecoin @FlowLambo]

@legen_eth

[FlowLambo ❤️ Memecoin @FlowLambo]

@bneiluj @cryptopunks @BallerThrowdown

[DEGEN NEWS @DegenerateNews]

NEW: DTCC (DEPOSITORY TRUST & CLEARING CORPORATION) WEBSITE IS BACK ONLINE - @BlackRock'S ISHARES $BTC TRUST ($IBTC) IS STILL MISSING FROM THE ETF LIST

[Byzantine General @ByzGeneral]

> Leak the ticker
> liquidate the shorts
> get them hyped
> remove the ticker
> liq the longs
> get all of em to re-short
> load up cheap again
> pump it again

Nothing personal kid.

[FlowLambo ❤️ Memecoin @FlowLambo]

@heyrobinai Thank you for this

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: $32,000 #Bitcoin 🚀